BlackRock | Jotup

Gigapower Expanding Multi-gig Fiber Internet Network to Southern Minneapolis-St. Paul

Retrieved on:

Thursday, February 22, 2024

Networks, Internet, Technology, Carriers and Services, Telecommunications, AT&T Internet, AT&T, BlackRock, Shakopee, Minnesota

At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to Bloomington, Eden Prairie, Eagan, Savage, Apple Valley, Burnsville, Farmington, Lakeville, Rosemount and Shakopee.

Key Points:

At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to Bloomington, Eden Prairie, Eagan, Savage, Apple Valley, Burnsville, Farmington, Lakeville, Rosemount and Shakopee.
Gigapower’s commercial wholesale, open access platform enables internet service providers and other businesses to access its multi-gig fiber network in select metro areas throughout the country.
This is made possible through the Gigapower joint venture between AT&T and BlackRock, through a fund managed by its Diversified Infrastructure business.
As residents and business owners need more and faster broadband, AT&T Fiber can provide the connectivity needed to power where Southern Minneapolis -St. Paul works, studies and plays.

Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing

Retrieved on:

Thursday, February 22, 2024

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.

Key Points:

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.
Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels.
Antora bridges the gap between renewable energy and industrial manufacturing, supplying zero-emissions heat and power to factories with batteries made in America.
Opening a landmark U.S.-based thermal battery manufacturing facility , where Antora will produce its thermal battery modules for the company’s first major commercial projects.

Pagaya Closes Another $400 Million Consumer Loan Asset-Backed Securitization

Retrieved on:

Tuesday, February 20, 2024

Software, Networks, Finance, Artificial Intelligence, Banking, Professional Services, Technology, Fintech, ABS, Jules Kroll, PAID, Consumer, UBS, BlackRock, JPMorgan Chase, Cryptocurrency

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2024-2, its 49th asset-backed securitization (ABS) and its second in 2024.

Key Points:

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2024-2, its 49th asset-backed securitization (ABS) and its second in 2024.
Qualified institutional buyers purchased $396 million of notes backed by personal loans that will be originated by lending partners on Pagaya’s AI-powered network.
Since 2018, Pagaya has raised over $20 billion in ABS transactions across multiple products, demonstrating the Company’s commitment to product innovation and execution.
“Investor confidence in the Consumer ABS market remains high,” said Paul Limanni, Pagaya’s Chief Capital Officer.

RapidSOS Closes $150M Financing Round led by Funds and Accounts Managed by BlackRock to Advance Intelligent Safety

Retrieved on:

Tuesday, March 5, 2024

Weapon, Emergency, Weather, Balyasny Asset Management, Intelligence, RapidSOS, Transport, Safety, School, BlackRock, Organization, Violent crime, Cryptocurrency

NEW YORK, March 5, 2024 /PRNewswire/ -- RapidSOS, the intelligent safety company, today announced an additional $75 million raise led by funds and accounts managed by BlackRock, which closes the company's latest round at $150M.

Key Points:

RapidSOS' Intelligent Safety Platform fuses artificial and human intelligence to proactively manage emergency response, save lives, and protect property
NEW YORK, March 5, 2024 /PRNewswire/ -- RapidSOS, the intelligent safety company, today announced an additional $75 million raise led by funds and accounts managed by BlackRock, which closes the company's latest round at $150M.
"In today's highly complex and uncertain world, industries are spending billions of dollars in the name of safety and security.
RapidSOS has spent over a decade and a quarter billion dollars on safety, security, and health response research and development.
I'm excited to bring BlackRock, the world's largest asset manager with $10T under management, to this mission of transforming safety and emergency response."

GAIM Ops Cayman Explores the State of Alternative Investment Operations with Top Government Officials, Regulatory Agencies, Legal, Fintech and Financial Firm Leaders

Retrieved on:

Monday, March 4, 2024

GRAND CAYMAN, Cayman Islands, March 4, 2024 /PRNewswire/ -- More than 700 c-suite executives, managing directors, top government officials and senior professionals shaping the alternative investment operations are expected at this year's GAIM Ops Cayman in Grand Cayman to discuss operations, legal issues, security, AI, tech, and due diligence. The curated agenda features keynote speakers and panellists covering timely issues. GAIM Ops Cayman offers a networking app that allows attendees to connect before, during and after the event.

Key Points:

GAIM Ops Cayman offers a networking app that allows attendees to connect before, during and after the event.
The Deputy Premier and Minister of Financial Services, André Ebanks is scheduled to deliver the official welcome on April 15th.
Minister Ebanks, MP, was given ministerial responsibilities for financial services and commerce following his election to the Cayman Islands House of Parliament in April 2021.
"The alternative investment industry continues to evolve and GAIM Ops Cayman is the best place to discuss the future with private capital firms, hedge funds and investors."

Cloudforce Honored with 2024 Microsoft Supplier Prestige Award for Community Commitment

Retrieved on:

Monday, March 4, 2024

AI, Education, Pleasure, World Wide Technology, First officer (aviation), Social responsibility, Human, Accenture, BlackRock, Organization, Digital divide, Consumer, Showstopper, Workforce, Community, Development, KPMG, Video game

NATIONAL HARBOR, Md., March 4, 2024 /PRNewswire/ -- In a resounding affirmation of its commitment to community empowerment and social responsibility, Cloudforce , a leading innovator in cloud and AI technology, is thrilled to announce its recent win of the coveted 2024 Microsoft Supplier Prestige Award , Showstopper of the Year: Commitment to Community.

Key Points:

NATIONAL HARBOR, Md., March 4, 2024 /PRNewswire/ -- In a resounding affirmation of its commitment to community empowerment and social responsibility, Cloudforce , a leading innovator in cloud and AI technology, is thrilled to announce its recent win of the coveted 2024 Microsoft Supplier Prestige Award , Showstopper of the Year: Commitment to Community.
This distinguished accolade celebrates Cloudforce's unwavering dedication to creating meaningful impact within its hometown community of Prince George's County, Maryland.
Cloudforce wins 2024 Microsoft Supplier Prestige Award, Showstopper of the Year: Commitment to Community
In the highly competitive landscape of over 58,000 global suppliers to Microsoft, Cloudforce's recognition is a testament to its outsized dedication and impact.
This year, Cloudforce stood out among other notable finalists in this category, including industry titans KPMG, BlackRock and World Wide Technology, showcasing its unparalleled commitment to community engagement and workforce development.

Michael Fox Joins New Holland Capital as a Partner and Head of Strategy

Retrieved on:

Monday, March 4, 2024

Apollo Global Management, Growth, Product strategy, Partner, BlackRock, Head

Mr. Fox will oversee New Holland's corporate strategy, with a particular focus on product and business development initiatives.

Key Points:

Mr. Fox will oversee New Holland's corporate strategy, with a particular focus on product and business development initiatives.
"We are thrilled to welcome Michael to New Holland," said Scott Radke, Chief Executive Officer of New Holland Capital.
Mr. Fox brings more than two decades of business development and asset management product strategy experience to the Firm.
"I am excited to join New Holland as Head of Strategy during this pivotal time in the Firm's evolution," said, Mr. Fox.

Fast Forward Releases Decade of Impact Report and Progress in New AI Category

Retrieved on:

Tuesday, February 27, 2024

SAN FRANCISCO, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Fast Forward, which brings the tech and nonprofit communities together to deploy tech to solve humanity's biggest challenges, today released its tenth annual impact report. The report covers key 2023 milestones and shares insights into how Fast Forward has shaped the tech nonprofit sector and ushered in AI-powered nonprofits.

Key Points:

Over the last decade, Fast Forward has shaped the tech nonprofit sector; plus a new category known as 'AI for humanity' emerges
SAN FRANCISCO, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Fast Forward , which brings the tech and nonprofit communities together to deploy tech to solve humanity's biggest challenges, today released its tenth annual impact report.
The report covers key 2023 milestones and shares insights into how Fast Forward has shaped the tech nonprofit sector and ushered in AI-powered nonprofits.
The trend highlights the growing interest in AI and serves as a bridge to Fast Forward's next endeavor: ' AI for Humanity .'
To drive this movement, Fast Forward is poised to expand its team by 25%, including the addition of a new role– Director of AI Programs .

Blockworks Hosts the Largest Asset Managers in the World for Digital Asset Summit in London

Retrieved on:

Tuesday, February 27, 2024

DAS, Emerald, Stellar, NEAR, Anchorage Digital, Willkie Farr & Gallagher, BlackRock, LLP, RIAS, Cryptocurrency

LONDON, Feb. 27, 2024 /PRNewswire/ -- Blockworks is hosting the Digital Asset Summit (DAS) 2024, which will take place in London on March 18-20.

Key Points:

LONDON, Feb. 27, 2024 /PRNewswire/ -- Blockworks is hosting the Digital Asset Summit (DAS) 2024, which will take place in London on March 18-20.
The event aims to connect professionals from traditional finance and the crypto industry, reflecting the growing interest of digital assets in the financial sector.
This year's DAS will host several of the largest asset managers in the world, including BlackRock and Franklin Templeton, and the message from these financial giants is clear: digital assets are the future.
The London event is meticulously designed to foster engaging discussions, fireside chats, and networking opportunities – facilitating deep conversation and collaboration.

BUXTON HELMSLEY NOMINATES FOUR HIGHLY QUALIFIED DIRECTORS TO FOSSIL GROUP BOARD TO HELP END YEARS OF SHAREHOLDER SUFFERING

Retrieved on:

Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- The Buxton Helmsley Group, Inc. (together with certain of its affiliates, "BHG" or "we"), which has an approximate 1.4% interest in Fossil Group, Inc. ("Fossil" or the "Company") (NASDAQ: FOSL), today announced its intention to nominate four highly qualified director candidates to the Fossil Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders.

Key Points:

Alexander Parker, Senior Managing Director at BHG, said, "Fossil is a beloved brand that has delighted millions of customers for years.
"Given the Board's abysmal judgement and failure to oversee management for years, the need for immediate change at Fossil is abundantly clear.
As a result, Buxton Helmsley is nominating four highly qualified directors with the required skillsets, financial and operational acumen, track records of creating shareholder value, and integrity to restore Fossil's credibility and rebuild trust with investors.
She is also Head of Strategy, Consulting at Seramount, a professional services and research firm committed to advancing high-performing, inclusive workplaces.